A US start-up has developed a smart wallet which tells the owner if a card is not returned to the wallet.
The Ping Wallet works by linking to the owners Android or iOS phone via Bluetooth and sending alerts to remind the user to replace their card. It also has anti theft technology, which causes it to beep if it or the phone is taken.
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If the wallet loses connection with the phone, it will record the last known GPS location. The wallet has a range of 100 feet and a battery that lasts for up to two years. It is made of a plate of anodised aluminium and an elastic band which holds cards and card in place.
The makers of Ping Wallet have taken to crowdsourcing site Kickstarter to fund the move from prototypes to full production of the wallet. They are aiming to begin filling orders by early December.
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